Business
Hopae appoints former Mastercard SVP of Digital Identity Sarah Clark as CPO & GM North America
Hopae, the global digital identity infrastructure company, today announced the appointment of Sarah Clark as Chief Product Officer and General Manager for North America. Clark most recently served as Senior Vice President of Digital Identity at Mastercard, where she led the development and launch of a globally interoperable digital ID network. With over 25 years of product leadership experience, including more than a decade building and launching innovative digital identity products and business
About this update from Mastercard Incorporated
[{"type":"text","content":"Strategic appointment to accelerate Hopae's global digital identity infrastructure and expand its presence in North America.","length":128,"tagName":"p"},{"type":"text","content":"SAN FRANCISCO, Jan. 15, 2026 /PRNewswire/ -- Hopae, the global digital identity infrastructure company, today announced the appointment of Sarah Clark as Chief Product Officer and General Manager for North America. Clark most recently served as Senior Vice President of Digital Identity at Mastercard, where she led the development and launch of a globally interoperable digital ID network. With over 25 years of product leadership experience, including more than a decade building and launching innovative digital identity products and businesses, Clark brings key expertise that significantly strengthens the Hopae executive team.","length":632,"tagName":"p"},{"type":"image","alt":"Hopae Logo (PRNewsfoto/Hopae)","displaySize":"","headline":null,"caption":"Hopae Logo (PRNewsfoto/Hopae)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/af1ab2b7156746789146af6978eb7cca"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YUyUbl0ZJ4pH.LyCw.hN2g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/af1ab2b7156746789146af6978eb7cca","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2709783/Hopae_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Identity verification is undergoing a period of significant transformation.","length":75,"tagName":"p"},{"type":"text","content":"Physical document scanning and selfie-based checks have been compromised by AI, while data breaches have resulted in an explosion of synthetic and stolen identities. Losses from identity fraud are expected to reach $58 billion annually by 2030 in the financial sector alone.","length":274,"tagName":"p"},{"type":"text","content":"At the same time, governments worldwide have been investing heavily in digital identity infrastructure. In the US, 20 states have begun issuing mobile driver's licenses, while in the EU, all 27 member states will issue a digital identity wallet by 2026, with adoption rates expected to reach 80% by 2030. Other large countries, such as India and the Philippines, already operate digital ID progr...